Analyst Ratings for MetLife Inc. (MET)Updated: 2017-07-28
Analysts covering MetLife Inc. (NYSE:MET) have given it a consensus rating of Overweight. About 30 days ago, MET was issued an average rating of Overweight.
11 analysts declared MET a buy, 0 gave an overweight rating, 7 issued a hold rating, 0 issued an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Several price targets were given for MET by the analysts covering the stock. The most optimistic analyst gave a price target of 67, implying potential capital gains of 21.73 percent. The most pessimistic analyst gave a price target of 51, implying potential capital losses of -7.34 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -0.77 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.28 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 2.47 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 4 analysts have revised their quarterly estimates upwards in the past 30 days, while 3 analysts revised their estimates downwards. Over the same time period, 3 analysts revised their FY earnings estimates upwards, compared to 3 analysts that revised their FY estimates downwards.
MET has a 52-week high of 58.09 and a 52-week low of 38.87. Currently the stock is 41.6 percent higher than its low, and 5.25 percent below the high. MET has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The MET value stock report compares MET to some of its peers using value stock charts. The market cap of MET is $59.22 billion. MET is estimated to release their earnings results for the quarter on 0000-00-00, days from today.